Confusion over Polaris Bank’s bailout repayment as CBN grants 1 year moratorium
Fresh confusion may have emerged as to when the Central Bank of Nigeria (CBN) appointed management team of the rescued Polaris Bank will pay back the total of N789bn bailout fund with which the apex bank used in resuscitating the…
(Special Report) Adeosun: State of the economy one month after?
The question of how is the Nigerian economy (monetary and fiscal policy activities), one month after the total out of sight of former Finance minister, Mrs. Kemi Adeosun, has become necessary in view of latest economic indices in just one…
Experts still worried over retaining Skye Bank chiefs as Minister orders probe, trail
Since the change of just name and logo of former Skye Bank to Polaris Bank by the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) on grounds of poor management of the bank, observers have continued to…
Skye Bank: Experts query meaning of investigating retained, failed board
…Polaris now upgraded from bridge to full-fledged bank Barely one week after the Central Bank of Nigeria (CBN) and Nigerian Deposit Insurance Corporation (NDIC) literally changed the logo and name of Skye Bank to Polaris Bank and injected Nigerian commonwealth…
(Special Report) CBN: From no plan to recover N640bn to ‘dashing’ another N786bn
…As Nigerians decry ‘A Bold New Beginning’ advert by Polaris Bank At a time Nigerians are upbeat that the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN), through which the N640bn (about $7bn) bailout was lavishly…
Why we unveiled SkyeXperience TV commercial—Abiru
Group managing director of Skye Bank, Tokunbo Abiru has provided additional insights on why the bank launched another TV commercial on its digital banking solution; SkyeXperience. The television commercial which is titled “You Are in Control” expresses the unique value…
Unity, Skye Bank sealed in Nasarawa for not remitting deducted taxes to state
Nasarawa State Internal Revenue Service has sealed off 10 branches of three banks for their breaches in remitting taxes already deducted from customers in the state. Chairman of NSIRS, Usman Okposhi, on Wednesday revealed in an interview that four branches…
Court vacates order freezing Patience Jonathan’s account in Skye Bank
After about six months of legal battle, a Federal High Court in Lagos on Thursday issued an order unfreezing the Skye Bank account of a former First Lady, Patience Jonathan. The Economic and Financial Crimes Commission (EFCC) had in November…
